Air Asia was established in 1993 and began operations on 18 November 1996. It was founded by a government-owned conglomerate, On September 2001, the heavily indebted airline was bought by former Time Warner executive Tony Fernandez and Kamarudin Maranon ‘s company Tune Air Sdn Bhd for the token sum of one Ringgit worth of Debts. The partners turned the company around, producing a profit in 2002 and launching new routes from its hub in Kuala Lumpur, undercutting former monopoly around, producing huge profits. and launched its first international flight in Bangkok.
Air Asia subsequently started its Thai Air Asia affiliate and began a flight to Singapore and Indonesia. Flight to Macau started in June 2004 and fights to mainland China and the Philippines in April 2005. Flight to Vietnam and Cambodia followed in 2005 and to Brunei and Myanmar in 2006, the latter by Thai Air Asia. In August 2006, it took over Malaysia Airlines ‘s Rural Air Service routes in Sabah and Sarawak, operating under the fly Asia Express brand. The routes were returned to MASwings a year later, citing commercial reasons.
At the end of 2006, Fernandes unveiled a five-year plan to further enhance its presence in Asia. Under the plan, it proposed enhancing its route network by connecting all of its existing destinations throughout the region and expanding further into Vietnam, Indonesia, Southern China ( Kunming, Xiamen, Shenzhen )and India through its sister companies, the plan called for a focus on developing its hub in Bangkok and Jakarta. With increased frequency and the addition of new routes, Air Asia increased passenger volume to 13.9 million in its 2007 fiscal year.
During 2007, passengers from “The Barrier-Free Environment and Accessible Transport Group “ protested against the airlines over its refusal to fly passengers who were completely immobile. They claimed that people with disabilities were discriminated against when booking tickets online; the CEO of the airline said it did not turn away passengers in wheelchairs.
In September 2008, the company announced 106 new routes to be added to its list of 60. The number of old routes to be added to its list of 60. The number of old routes discontinued has not been disclosed.
In August 2011, it agreed to form an alliance with Malaysia Airlines by means of a share swap. The alliance was struck down by the Malaysian government, in effect voiding the agreement of both airlines.
By early 2013, its profits increased by 168% on a year-over-year basis compared to the same period in 2012. For the quarter ending 31 December 2012. the airline’s net profit stood at 350.65 million ringgit (US$114.08 million). Despite a 1% rise in the average fuel price, the airline recorded profits of 1.88 billion ringgit for its full 2012 fiscal year.
It is a Malaysian low-cost airline and it has its headquartered in Lumpur, Malaysia. It is the largest airline in Malaysia and in many countries of the world. From it is spreader to other countries.
It is founded on 20 December 1993 and its is crossing 25 years ago now .and the company of the Air Asia slogan is “Now Everyone Can Fly”
The income of Air Asia is 1. 574 billion/US$354 million (1-3Q2016) and the employees are 17,000 in the academic years 2016.
Nowadays the Website of Air Asia is www.airasia.com, its Fleet size was 254 (including subsidiaries) Air Asia registered office is in Petaling Jaya, Selangor while its head is at Kuala Lumpur International Airport.
Air Asia is the name of the flight which is travel across the country, this flight is cheap as well as faster compared to another fight. In air Asia flight there is comfortable inside it where people are usually interested to come and have a journey with this flight. Many people have experience in travelling Air Asia flight.
It is an international flight. Nowadays it is popular with its safety, In 2012 World Airline Awards at the Farnborough Air show ranked the airline as the world’s best low-cost airline.
“Air Asia in India to shift its base from Chennai to Bangalore. Its is terminates Japan point venture . on 11 October 2007. The airline will be operating “incredibly “cheap prices to and from Asia to the east coast of Australia.
This flight is taking the first steps towards starting its own frequent-flyer program. The airline venture with financial services firm Tune Money to launch a program it will issue loyalty points to Air Asia customers and third-party merchants. Points can then be used to redeem Air Asia flights.
It is the best flight in the world, because of its structure and the cheap flight across the country and has good seating inside it, and famous for it.
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